What is Startup India?#
Startup India is a government initiative to support entrepreneurs with various benefits.
Eligibility Criteria#
- Incorporated after April 1, 2016
- Annual turnover < Rs 100 crore
- Not formed by splitting/reconstruction
- Working on innovation/technology
Benefits#
Tax Benefits:#
- 3-year tax holiday
- Capital gains exemption
- Tax on ESOP simplified
Other Benefits:#
- Easy winding up (18 months)
- Fast patent registration
- Self-certification compliance
- Funding support
Registration Process#
Step 1: Incorporate#
Register your company/LLP/Partnership.
Step 2: DPIIT Recognition#
- Visit startupindia.gov.in
- Fill registration form
- Upload documents
- Get recognition certificate
Documents Required:#
- Certificate of incorporation
- Business description
- Letter of recommendation
- PAN card
Post-Registration#
- Apply for tax benefits
- Register for patents
- Connect with investors
- Access government schemes